Number of State Member Commercial Banks in Indiana
X08CBMBSIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
204.35%
Date Range
1/1/1919 - 1/1/1941
Summary
The Number of State Member Commercial Banks in Indiana metric tracks the total number of commercial banks that are members of the Federal Reserve System in the state of Indiana. This measure is closely watched by economists and policymakers to assess the health and competitiveness of the banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total number of commercial banks located in Indiana that are members of the Federal Reserve System. It is an important indicator of the state's banking industry structure and dynamics, reflecting factors like consolidation, new market entrants, and regulatory changes.
Methodology
The data is collected and reported by the Federal Reserve.
Historical Context
Policymakers and analysts use this metric to evaluate the Indiana banking market and inform policy decisions.
Key Facts
- Indiana has historically had a large number of state-chartered banks.
- Bank consolidation has reduced the total number of state member banks in recent decades.
- The metric can signal changes in the competitive landscape and regulatory environment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of commercial banks located in Indiana that are members of the Federal Reserve System.
Q: Why is this trend relevant for users or analysts?
A: It is an important indicator of the structure and dynamics of Indiana's banking industry, reflecting factors like consolidation, new market entrants, and regulatory changes.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the Indiana banking market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis with minimal delays.
Related Trends
Gross Domestic Product: Accommodation (721) in Indiana
INACCOMDNGSP
Chain-Type Quantity Index for Real GDP: Retail Trade (44-45) in Indiana
INRETAILQQGSP
Commercial Carbon Dioxide Emissions, Distillate Fuel for Indiana
EMISSCO2VDFCCBINA
All Employees: Leisure and Hospitality: Gambling Industries in Indiana
SMU18000007071320001SA
Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Indiana
MSRSIN448
Value of Exports to Guinea from Indiana
INGINA052SCEN
Citation
U.S. Federal Reserve, Number of State Member Commercial Banks in Indiana (X08CBMBSIN), retrieved from FRED.